The Economic Secretary to the Treasury, Bim Afolami MP, has announced a new industry-led taskforce, to be chaired by the Centre for Finance, Innovation and Technology (CFIT), that will endeavour to unlock the full potential of Open Finance.
The taskforce will build on the foundational work done by CFIT’s industry-wide coalition on Open Finance, by providing recommendations to the UK Government on how financial data can be safely unlocked to improve SMEs’ access to credit.
